Friday, January 3, 2020

The Effects Of Financial Stress Among Domestic College...

The Cause of Financial Stress among Domestic College Students Money is always a common factor leading to stress. People determine financial stress as a kind of stress caused by debts and inevitably huge amount spending (Hillman, 2015, para.4). A college student faces $40000 tuition every year, so it is fair to say college students struggle with financial stress. Moreover, financial stress has the tendency to become an â€Å"ongoing and chronic type of stress†, which will attribute to several seriously and consistently mental and physical health problem, like depression, anxiety, and weight gain (Hillman, 2015, para.5). As an international student, it is hard for me to imagine that domestic students the same age as me start life with a big amount of debt because they had to pay very high tuition fees as their parents don’t support or don’t have the means to support them financially in college. Additionally, domestic college students indeed confront severe financia l problems. Based on a survey conducted in 2013 by the American College Health Association, â€Å"35 percent of students said their finances were ‘traumatic’ or ‘very difficult’ to handle† (as cited in Fosnacht Dong, 2013, p.5). Thus, a question is arising: what causes financial stress among domestic college students. After reviewing the literature and watching online interviews and celebrities’ speeches, I noticed that this question can be explored by investigating the college tuition and how domestic undergraduatesShow MoreRelatedIs College Education A Tax Policy Program? Essay1635 Words   |  7 PagesGraduating from college is such a huge accomplishment in people’s lives. They have worked hard to earn their degrees, dealt with all those stress and struggles from the day to day challenges of college. After all those sleepless nights, they finally walk up to receive their diplomas and take in a big sigh. Everything in life will be b etter now. 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